Typically,the average tax rate for a person is ____________ their marginal tax rate,because ____________.
A) below; the marginal tax rate applies to all income
B) below; the marginal tax rate applies to the first dollars taxed, but not to all income
C) below; the marginal tax rate applies to the last dollars taxed, but not to all income
D) above; the marginal tax rate applies to the last dollars taxed, but not to all income
E) above; the marginal tax rate applies to the first dollars taxed, but not to all income
Correct Answer:
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